Post Holdings, Inc. (NYSE:POST – Get Free Report) Director Gregory Curl sold 6,186 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $105.05, for a total transaction of $649,839.30. Following the sale, the director directly owned 15,107 shares of the company’s stock, valued at approximately $1,586,990.35. The trade was a 29.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Post Price Performance
POST opened at $101.11 on Friday. The company has a fifty day simple moving average of $100.94 and a 200 day simple moving average of $102.06. The firm has a market cap of $4.58 billion, a price-to-earnings ratio of 17.02 and a beta of 0.43. Post Holdings, Inc. has a twelve month low of $94.13 and a twelve month high of $117.28. The company has a current ratio of 1.85, a quick ratio of 1.03 and a debt-to-equity ratio of 2.38.
Post (NYSE:POST – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $1.94 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $0.21. The business had revenue of $2.04 billion during the quarter, compared to analyst estimates of $2.08 billion. Post had a net margin of 4.01% and a return on equity of 13.36%. The business’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the business earned $1.41 EPS. Equities research analysts expect that Post Holdings, Inc. will post 7.58 EPS for the current fiscal year.
Institutional Trading of Post
Analysts Set New Price Targets
Several research analysts have weighed in on POST shares. Wells Fargo & Company decreased their price objective on shares of Post from $120.00 to $110.00 and set an “equal weight” rating for the company in a report on Wednesday, April 8th. Wall Street Zen lowered shares of Post from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Zacks Research raised shares of Post from a “strong sell” rating to a “hold” rating in a report on Monday, February 9th. JPMorgan Chase & Co. decreased their price objective on shares of Post from $133.00 to $119.00 and set an “overweight” rating for the company in a report on Monday, April 20th. Finally, Weiss Ratings raised shares of Post from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 6th. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Post has a consensus rating of “Moderate Buy” and a consensus price target of $124.50.
Read Our Latest Stock Analysis on Post
Key Stories Impacting Post
Here are the key news stories impacting Post this week:
- Positive Sentiment: Post recently delivered a solid earnings beat, reporting $1.94 EPS versus $1.73 expected, and revenue grew 4.7% year over year. That supports the view that the business is still executing well. Post Holdings stock page
- Positive Sentiment: A recent Zacks note called POST a top-ranked momentum/growth stock, reinforcing bullish analyst and investor interest in the name. Zacks article
- Neutral Sentiment: Broader market tone is supportive, with major indexes near record highs, which may be helping consumer staples hold up even as the stock trades unevenly. Barchart market article
- Negative Sentiment: The insider sale by Gregory Curl is the clearest near-term negative headline for POST, and investors may also keep an eye on leverage, as the company’s debt-to-equity ratio remains elevated at 2.38. Insider trades article
About Post
Post Holdings, Inc is a consumer packaged goods company that operates as a holding company for a diverse portfolio of food and beverage brands. The company’s principal activities include the production, marketing and distribution of ready-to-eat cereal, refrigerated and frozen foods, and nutritional beverages. Through its operating segments—Post Consumer Brands, Foodservice, Refrigerated Side Dishes & Bakery, and Active Nutrition—Post Holdings delivers a broad array of products to retail grocers, convenience stores, foodservice operators and e-commerce channels.
The Post Consumer Brands segment features a variety of hot and cold cereals under names such as Honey Bunches of Oats, Shredded Wheat and Pebbles.
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